Question of the week: What is passive management?
Submitted by nsscadmin on
Last week we answered the question, “What is active management” which ultimately led to another question – What is passive management?
NSSC Blog: Before You Invest
Question of the week: What is active management?
Submitted by nsscadmin on
Active management is an investment strategy where an investment manager makes specific investments in an effort to outperform an investment benchmark or market index, such as the TSX or S&P 500. If you hear of an investor or an investment manager trying to “beat the market” they are using active management to try and obtain better than market-average returns.
Question of the week: What is a REIT?
Submitted by nsscadmin on
A Real Estate Investment Trust (REIT) is an investment vehicle that invests predominantly in income-producing real estate. This income-producing real estate can include offices and apartments, warehouses, shopping centres, hotels and parking garages. REITs may be publicly traded or private trust relying on a prospectus exemption.
Question of the week: What is the MFDA?
Submitted by nsscadmin on
The Mutual Fund Dealers Association of Canada (MFDA) is the self-regulatory organization that oversees mutual fund dealers in Canada. All salespeople employed by mutual fund dealers in Canada must be licensed with a provincial securities regulator and also be employed with a firm that is a member of the MFDA.
Question of the week: What is IIROC?
Submitted by nsscadmin on
The Investment Industry Regulatory Organization of Canada (IIROC) is the national self-regulatory organization (SRO) that oversees all investment dealers and trading activity in debt and equity markets in Canada.
Question of the week: Are RRSPs securities?
Submitted by nsscadmin on
With the calendar turning over to 2018 for many investors it’s Registered Retirement Savings Plan (RRSP) season. Along with it comes a deluge of questions regarding RRSPs and in what ways they fall under the jurisdiction of the Nova Scotia Securities Commission.
Question of the week: What is a hedge fund?
Submitted by nsscadmin on
Hedge funds have been easy fodder for Hollywood over the years, frequently appearing in movies (Wall Street: Money Never Sleeps and The Big Short) and TV shows (Billions) that have some aspects of finance or wealth attached to the plot. The term hedge fund is bantered around a lot, but that doesn’t mean the average investor has any idea what they actually are. If their only introduction to a hedge fund is through the entertainment it’s highly likely they know very little about them at all.
Question of the week: What is an investment fund manager?
Submitted by nsscadmin on
We conclude our walk through the categories of registration with a look at investment fund managers. As the name would suggest an investment fund managers manages a fund. It could be a mutual fund, exchange-traded fund (ETF), or some other kind of investment fund.
The manager is responsible for implementing a fund’s investment strategy and managing its portfolio activities. This can include analyzing financial statements, selection of assets, selection of stocks, plan implementation and ongoing monitoring of the fund’s investments.
Question of the week: What is a portfolio manager?
Submitted by nsscadmin on
Our look at the categories of registration resumes this week with a look at portfolio managers. A portfolio manager is a firm or individual member of a firm that manages an investor’s portfolio on their behalf. This includes choosing what investments to buy, sell and hold for the investor. To do so they must be given discretionary authority from the investor.
Question of the week: What is an investment dealer?
Submitted by nsscadmin on
This week’s post in our series on the categories of registration looks at investment dealers. An investment dealer is an individual or a firm that can sell a wide range of investment products.